Teri Adler & Christine Lawrence Sell 1 Acre Residential Property In Wellesley, MA For $2.8M
SOLD
$2,800,000
Massachusetts
See Similar DealsCo-Op
Sold 02/28/2022
SOLD
Teri Adler & Christine Lawrence Sell 1 Acre Residential Property In Wellesley, MA For $2.8M
2 Buckingham Terrace, Wellesley, Massachusetts 02482, United States
See Similar DealsCo-Op
Sold 02/28/2022
Summary
MASSACHUSETTS
Asset Type:Co-Op
Transaction Type:Sale
Located in Wellesley, MA, the residential property at 2 Buckingham Terrace has recently been sold for $2,800,000. Spanning an area of approximately 1 acre, this property offers ample space for relaxation and privacy. The transaction was finalized on February 28, 2022.
Summary of Transaction Details
- Property Type: Residential
- Transaction Amount: $2,800,000
- Address: 2 Buckingham Terrace, Wellesley, MA
- Market: Wellesley, MA
- Property Size: Approximately 1 acre
Representing the buyer as their trusted agent was Christine Lawrence from Rutledge Properties. On the other side of the deal, Teri Adler acted as the seller's representative for MGS Group Real Estate LTD. Their expertise and dedication contributed to the successful completion of the transaction.
Players
Details
Stay in the Know
Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.
By subscribing, you agree to our Terms of Service and Privacy Policy.
Similar Deals
Contact
Get in touch with the broker you want
Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$149,333.33
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$9,947.82
Cash-on-Cash Return-1.27%
Monthly Debt Service$13,273.43
Annual Debt Service$159,281.14
Is there something missing? Send suggestions